KPIs & Operating Metrics(New)
Growth Metrics

Devon Energy (DVN) Tax Rate (2016 - 2025)

Devon Energy (DVN) has disclosed Tax Rate for 11 consecutive years, with 1.03% as the latest value for Q3 2019.

  • On a quarterly basis, Tax Rate fell 1687.0% to 1.03% in Q3 2019 year-over-year; TTM through Sep 2019 was 10.54%, a 150.0% increase, with the full-year FY2018 number at 16.96%, up 1502.0% from a year prior.
  • Tax Rate was 1.03% for Q3 2019 at Devon Energy, up from 0.96% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 110.54% in Q4 2015 to a low of 119.57% in Q4 2017.
  • A 5-year average of 4.76% and a median of 7.25% in 2017 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: surged 53013bps in 2015, then tumbled -12923bps in 2017.
  • Devon Energy's Tax Rate stood at 110.54% in 2015, then crashed by -91bps to 9.66% in 2016, then crashed by -1337bps to 119.57% in 2017, then skyrocketed by 109bps to 10.31% in 2018, then crashed by -90bps to 1.03% in 2019.
  • Per Business Quant, the three most recent readings for DVN's Tax Rate are 1.03% (Q3 2019), 0.96% (Q2 2019), and 0.7% (Q1 2019).